William Slone’s 45-year Career Shows 14 FINRA Disclosure Events

Broker William Slone’s most recent complaint alleges unauthorized securities trading.

Acting as a securities investment broker since 1969, William Slone faces yet another customer complaint regarding his activities. In November 2015, Slone consented to the sanctions and the entry of the findings that he effected discretionary transactions in the account of a customer without obtaining prior written authorization from the customer and without his member firm having accepted the account as discretionary in writing.

Throughout his career, Slone amassed a total of 10 customer disputes, 3 regulatory events, and 1 employment separation after allegations. Some of the allegations against him include unauthorized trading and forged margin form, unsuitability of investment and wrongful discretion, nondisclosure regarding receiving shares of company stock that he recommended to his customers to purchase, excessive trading, and effecting discretionary transactions without prior written authorization.

Damages of over $487,000.00 have been granted as a result of customer disputes alleged against William Slone. The sanctions and fines levied against Slone exceed $25,000.00.

Most recently registered with Buell Securities Corporation in Glastonbury, CT, Slone is currently not registered or associated with a FINRA member firm, but FINRA retains jurisdiction over him pursuant to FINRA By-Laws.

Unfortunately, this type of investment advisor misconduct is not uncommon in the world of securities investment. Silver Law Group helps investors who find themselves victim to fraudulent and/or misleading securities advisors. If you have suffered financial loss at the hands of William Slone or any other financial advisor, it is important for you to know you have rights.

Turn to Silver Law Group to better understand your rights. Our experienced team of securities arbitration attorneys representing clients nationwide can help. Explore the possibility of recovering your financial losses by scheduling a complimentary consultation today.